Crypto Dispensers Founder Indicted in Alleged $10 Million Money-Laundering Conspiracy

A multi-agency federal team brought the case in a coordinated push targeting cash-to-crypto exchanges.

Overview

Firas Isa, 36, and Virtual Assets LLC, which operated as Crypto Dispensers, are each charged with one count of money laundering conspiracy in the Northern District of Illinois.
Prosecutors allege at least $10 million from wire fraud and narcotics offenses moved through the company’s cash-to-cryptocurrency services, including ATMs across the United States.
The indictment states Isa converted funds into cryptocurrency and transferred them to virtual wallets to conceal their source and ownership.
Isa surrendered, pleaded not guilty, was released on a $250,000 bond, and is scheduled for a status hearing on January 30, 2026, before U.S. District Judge Elaine E. Bucklo.
The charge carries a maximum penalty of 20 years in federal prison, and prosecutors emphasize that the indictment is an allegation and Isa is presumed innocent.